Ottawa has extended the Canada Emergency Response Benefit by another four weeks.
Officials announced Thursday afternoon that after that the 4 million Canadians still on CERB will be transitioned to either a new “simplified” Employment Insurance system, or the new Canada Recovery Benefit as of September 27th.
They say the government is also creating a new sickness benefit and a caregiver benefit.
It’s estimated the total cost of the extension to CERB, the changes to employment insurance, and the three new benefits will be approximately $37-billion.
The changes to Employment Insurance and the new programs will be put in place for one year.
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It was also announced that Employment Insurance benefits will be frozen for two years.